General Anyone follow cryptocurrencies (bit coin, ethereum, etc.) ?

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Rambo John J

Baker Team
First 100
Jan 17, 2015
75,720
74,763
The anti-crypto guys are fucking loving this crash. They love their "I told you so's"

It will be interesting if we see some dip buying and it gains support.
I'm not loving it
I don't like seeing markets drop peoples stash

It is interesting though as an outsider, I would have already cashed out and put the BTC $$$$ in hard assets if I had made good profit. It's a numbers game.


I would say buy in with the big wigs on the dip...They may be manipulating it and building their stacks

*not investment advice of any kind, do not risk what you cannot lose, biden is a clown #elon'smusk*
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,699
59,580
I haven't checked the math, but I heard an investor say that if someone invested their stimulus money in Bitcoin all through the pandemnic and sold it all at its highest point they would have ended up with $500k

Crazy.
 

Rambo John J

Baker Team
First 100
Jan 17, 2015
75,720
74,763
I haven't checked the math, but I heard an investor say that if someone invested their stimulus money in Bitcoin all through the pandemnic and sold it all at its highest point they would have ended up with $500k

Crazy.
I don't think that adds up, $3000 is the total investment for stimulus money isn't it?...first stimulus could maybe grab some BTC at 5K
Maybe they were using unemployment money you love or something else as an input lol
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,699
59,580
I don't think that adds up, $3000 is the total investment for stimulus money isn't it?...first stimulus could maybe grab some BTC at 5K
Maybe they were using unemployment money you love or something else as an input lol
Yeah - I'm assuming they were including the bullshit $300 stimmie for not working.
 

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
60,724
56,233
I'm sorry but come on, don't be dumb with this shit.
A buddy of mine that is not that heavily invested in crypto was bitching to me about hos irresponsible Elon was last week, and then again today. "A lot of people have all their money invested in Bitcoin and he's just playing games with the price!!!!!" I lol'ed.
 

SoupCan

how bout dat
First 100
Jan 18, 2015
2,675
3,201
I'm not loving it
I don't like seeing markets drop peoples stash

It is interesting though as an outsider, I would have already cashed out and put the BTC $$$$ in hard assets if I had made good profit. It's a numbers game.


I would say buy in with the big wigs on the dip...They may be manipulating it and building their stacks

*not investment advice of any kind, do not risk what you cannot lose, biden is a clown #elon'smusk*
Yeah man, I made some money off GME and AMC but at the end of the day I kinda feel sick about it, knowing there is someone out there buying at the top who probably can't afford to lose that money and that it probably fucked up alot of things in thier lives bothers me. The market is fucking gross and to me it's just another way to transfer wealth. The money at the top manipulates the shit out of it daily
 

BrunoMcGyver

Bruno no dey carry last
Dec 30, 2015
6,503
10,288
25 cents? 20 cents? How low is doge going?
Came to ask this. Will the Doge bounce back or is it dead in the arse?

Back in Jan-Feb when the GameStop shit blew up my wife showed me this Dogecoin crap and said we should put a couple hundred down...It was like 4 Australian cents a coin then. I said no because I was like "What the fuck is this crap and what purpose does it serve?"

Went up to 90 Australian cents for a short while after that. WTF is wrong with fucking ppl
 

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
60,724
56,233
Back in Jan-Feb when the GameStop shit blew up my wife showed me this Dogecoin crap and said we should put a couple hundred down...It was like 4 Australian cents a coin then. I said no because I was like "What the fuck is this crap and what purpose does it serve?"

Went up to 90 Australian cents for a short while after that. WTF is wrong with fucking ppl
You tell us...
 

BrunoMcGyver

Bruno no dey carry last
Dec 30, 2015
6,503
10,288
You sound salty for not taking your wife's advice...
Meh there would've been a couple of grand made, which is always great, but nothing to get forever salty about.

I wouldn't have put more than $300 into something as volatile and silly as Doge. I would've also sold when it got to about 50cents as I would not have believed it would've gone much further. So I would've made a gain of about $3000 max. Again, a fucking great return on $300, but nothing life changing. I would've probably taken a week off work so I could put more google maps pictures on this forum.
 

jason73

Auslander Raus
First 100
Jan 15, 2015
74,592
137,008
Looks like the market is turning around this morning.lots of +40% increases so far
 
D

Deleted member 1

Guest
Looks like the market is turning around this morning.lots of +40% increases so far
If the chatter on the trading discords is to be believed Much of this was a coordinated whale attack against other whales. Take it with a grain of salt but since last week this has been the rumor that it's coming. And here we are with the crash followed by the recovery immediately.